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Strategies & Market Trends : SPARKY'S CORNER

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To: Papillon who wrote (3398)	8/1/1998 7:57:00 PM
From: Sparky Beardslee	Read Replies (1) of 4142

Papillon: what the heck are you looking at that tells you it's a tad overbought? Geez, the stochastics are so oversold here they represent a terrific buy. This is a 98-98-B PE 16 co. with outstanding upside surprise earnings. The positive candlestick on Thurs was because of this oversold condition. Friday's stall at 28 3/4 brought in the sellers when the market tanked. I bought more at 26 1/2. I plan on recoupping all my losses on this one. I bought some LU and AOL on Friday. Soon as we find a bottom, I suspect these will do fine. Sparky

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